Integrated Annual Report

Overview

The report describes Asian Paints' FY 2023-24 sustainability performance across renewable energy, emissions, climate risk and governance. Renewable electricity reached 65.8% of electricity consumed at decorative paint manufacturing units, while absolute Scope 1 and 2 emissions were reported 45% below the FY 2013-14 baseline. The report also estimates total Scope 3 emissions at 33.2 Lakhs tCO2e and highlights supplier and multimodal logistics initiatives to reduce value-chain emissions. ESG oversight is assigned to the Board and its committees, and Asian Paints reports an A- CDP climate score.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2023-2024
Period: 1 April 2023 – 31 March 2024
Publication date: 9 May 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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